The average price increase doesn't mean real increase sometimes. ' m/ P/ w- D4 [6 k9 O! ^# g* |! ?0 L3 |4 d- c8 y
The average house price in Calagary has gone up by $10,000 since June 1, 2007. But the average price per square foot has changed from $333 to $331, it means the real prices are dropping. I believe the same thing happens in Edmonton. 0 b1 W' M: t0 B/ j) `3 B( s# x% z9 m3 T% |; D http://www.bobtruman.com/7_Day_Stats/page_1770845.html" _6 G& {$ L; h, h
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The average figure doesn't tell you the whole picture of the market. Do your own research to determine the market is going up or down.